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Gov't plans first mining law overhaul in nearly 20 years; companies to face shorter mining licences

By GhanaSummary Newsroom1 min read
Gov't plans first mining law overhaul in nearly 20 years; companies to face shorter mining licences

This comes months after the government declined to renew Gold Fields' lease for the Damang Mine, with the mining concession subsequently awarded to Ghanaian-owned Engineers & Planners Limited as part of efforts to increase local participation in the mining industry.

Ghana is set to introduce its biggest mining law reforms in nearly two decades, with proposed changes that could shorten mining lease periods, tighten licence renewals and give local communities a greater role in the country's gold industry.

The reforms aim to give Ghana greater control over its mineral resources, increase local participation in the mining sector and ensure host communities benefit more from mining activities.

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